Lynx Machinery & Commercials Limited has reported its financial results for the second quarter ended September 30, 2025, revealing a net loss of Rs 35.99 lakh. The company, which operates as a single-segment business, continues to face financial challenges in the current fiscal year.

Key Financial Highlights

• Net Loss: The company reported a net loss of Rs 35.99 lakh for Q2 FY2026, compared to a net loss of Rs 22.97 lakh in the corresponding quarter of the previous year.
• Revenue: Lynx Machinery did not generate any revenue from operations during the quarter.
• Expenses: Total expenses for the quarter stood at Rs 35.99 lakh, up from Rs 22.97 lakh in Q2 FY2025.
• Finance Costs: A significant portion of the expenses was attributed to finance costs, which amounted to Rs 27.51 lakh for the quarter.
• Earnings Per Share (EPS): The basic and diluted EPS for the quarter was negative Rs 3.51.

Half-Year Performance

For the half-year ended September 30, 2025:

• The company's net loss widened to Rs 66.89 lakh, compared to Rs 60.80 lakh in the same period last year.
• Total expenses increased to Rs 67.06 lakh from Rs 60.80 lakh year-over-year.

Balance Sheet Overview

As of September 30, 2025:

• Total assets stood at Rs 1,234,028.35 thousand, slightly lower than Rs 1,255,614.44 thousand as of March 31, 2025.
• The company's reserves and surplus decreased to negative Rs 197,510.37 thousand from negative Rs 130,624.28 thousand at the end of the previous fiscal year.

Cash Flow and Borrowings

• The company's cash and cash equivalents decreased marginally to Rs 1,942.73 thousand from Rs 1,983.29 thousand at the beginning of the period.
• Long-term borrowings increased significantly to Rs 1,298,332.64 thousand from Rs 827,467.60 thousand as of March 31, 2025.

Auditor's Review

The statutory auditors conducted a limited review of the quarterly results, and based on their review, they found no material misstatements in the financial information provided by the company.

Lynx Machinery & Commercials Limited continues to face financial headwinds, with increasing losses and rising finance costs. The absence of operational revenue and the growing debt burden pose significant challenges for the company's financial health. Investors and stakeholders will likely be watching for any strategic initiatives or operational improvements that management may implement to address the company's performance in the coming quarters.

Lynx Machinery & Commercials Limited, a company listed on the Indian stock exchange, has released its unaudited financial results for the third quarter and nine months ended December 31, 2020, revealing continued challenges in its operations.

Financial Performance

The company reported zero revenue from operations for the third quarter, indicating a lack of business activity during the period. Despite the absence of revenue, Lynx Machinery managed to narrow its losses compared to the same quarter in the previous year.

The earnings per share (EPS) for the quarter stood at a negative Rs 2.20, reflecting the company's loss-making position.

Board Changes

In a separate development, the company announced a change in its board composition:

• Mrs. Avni Vishal Shroff has resigned from her position as Independent Director.
• The resignation is effective from January 31, 2021.
• The Board of Directors has accepted Mrs. Shroff's resignation.

This change in the board structure comes at a time when the company is grappling with financial challenges.

Outlook

While Lynx Machinery has managed to reduce its quarterly losses compared to the previous year, the absence of revenue and the continued net loss position highlight the significant challenges facing the company. Stakeholders will likely be watching closely for any signs of operational improvements or strategic changes that could help turn the company's fortunes around in the coming quarters.